<?xml version="1.0" encoding="UTF-8"?>
<story>
  <rep id="edu.mit.story.char">
    <desc id="0" len="2194" off="0">
Yields on money-market mutual funds continued to slide, amid signs that portfolio managers expect further declines in interest rates. 
The average seven-day compound yield of the 400 taxable funds tracked by IBC's Money Fund Report eased a fraction of a percentage point to 8.45 % from 8.47 % for the week ended Tuesday. 
Compound yields assume reinvestment of dividends and that the current yield continues for a year. 
Average maturity of the funds' investments lengthened by a day to 41 days, the longest since early August, according to Donoghue's. 
Longer maturities are thought to indicate declining interest rates because they permit portfolio managers to retain relatively higher rates for a longer period. 
Shorter maturities are considered a sign of rising rates because portfolio managers can capture higher rates sooner. 
The average maturity for funds open only to institutions, considered by some to be a stronger indicator because those managers watch the market closely, reached a high point for the year -- 33 days. 
Nevertheless, said Brenda Malizia Negus, editor of Money Fund Report, yields `` may blip up again before they blip down '' because of recent rises in short-term interest rates. 
The yield on six-month Treasury bills sold at Monday's auction, for example, rose to 8.04 % from 7.90 %. 
Despite recent declines in yields, investors continue to pour cash into money funds. 
Assets of the 400 taxable funds grew by $1.5 billion during the latest week, to $352.7 billion. 
Typically, money-fund yields beat comparable short-term investments because portfolio managers can vary maturities and go after the highest rates. The top money funds are currently yielding well over 9 %. 
Dreyfus World-Wide Dollar, the top-yielding fund, had a seven-day compound yield of 9.37 % during the latest week, down from 9.45 % a week earlier. 
It invests heavily in dollar-denominated securities overseas and is currently waiving management fees, which boosts its yield. 
The average seven-day simple yield of the 400 funds was 8.12 %, down from 8.14 %. 
The 30-day simple yield fell to an average 8.19 % from 8.22 %; the 30-day compound yield slid to an average 8.53 % from 8.56 %.
</desc>
  </rep>
  <rep id="edu.mit.story.text">
    <desc id="1" len="2194" off="0">TEXT</desc>
  </rep>
  <rep id="edu.mit.parsing.token">
    <desc id="2" len="6" off="0">Yields</desc>
    <desc id="4" len="2" off="7">on</desc>
    <desc id="6" len="12" off="10">money-market</desc>
    <desc id="8" len="6" off="23">mutual</desc>
    <desc id="10" len="5" off="30">funds</desc>
    <desc id="12" len="9" off="36">continued</desc>
    <desc id="14" len="2" off="46">to</desc>
    <desc id="16" len="5" off="49">slide</desc>
    <desc id="18" len="1" off="54">,</desc>
    <desc id="20" len="4" off="56">amid</desc>
    <desc id="22" len="5" off="61">signs</desc>
    <desc id="24" len="4" off="67">that</desc>
    <desc id="26" len="9" off="72">portfolio</desc>
    <desc id="28" len="8" off="82">managers</desc>
    <desc id="30" len="6" off="91">expect</desc>
    <desc id="32" len="7" off="98">further</desc>
    <desc id="34" len="8" off="106">declines</desc>
    <desc id="36" len="2" off="115">in</desc>
    <desc id="38" len="8" off="118">interest</desc>
    <desc id="40" len="5" off="127">rates</desc>
    <desc id="42" len="1" off="132">.</desc>
    <desc id="45" len="3" off="135">The</desc>
    <desc id="47" len="7" off="139">average</desc>
    <desc id="49" len="9" off="147">seven-day</desc>
    <desc id="51" len="8" off="157">compound</desc>
    <desc id="53" len="5" off="166">yield</desc>
    <desc id="55" len="2" off="172">of</desc>
    <desc id="57" len="3" off="175">the</desc>
    <desc id="59" len="3" off="179">400</desc>
    <desc id="61" len="7" off="183">taxable</desc>
    <desc id="63" len="5" off="191">funds</desc>
    <desc id="65" len="7" off="197">tracked</desc>
    <desc id="67" len="2" off="205">by</desc>
    <desc id="69" len="3" off="208">IBC</desc>
    <desc id="71" len="2" off="211">'s</desc>
    <desc id="73" len="5" off="214">Money</desc>
    <desc id="75" len="4" off="220">Fund</desc>
    <desc id="77" len="6" off="225">Report</desc>
    <desc id="79" len="5" off="232">eased</desc>
    <desc id="81" len="1" off="238">a</desc>
    <desc id="83" len="8" off="240">fraction</desc>
    <desc id="85" len="2" off="249">of</desc>
    <desc id="87" len="1" off="252">a</desc>
    <desc id="89" len="10" off="254">percentage</desc>
    <desc id="91" len="5" off="265">point</desc>
    <desc id="93" len="2" off="271">to</desc>
    <desc id="95" len="4" off="274">8.45</desc>
    <desc id="97" len="1" off="279">%</desc>
    <desc id="99" len="4" off="281">from</desc>
    <desc id="101" len="4" off="286">8.47</desc>
    <desc id="103" len="1" off="291">%</desc>
    <desc id="105" len="3" off="293">for</desc>
    <desc id="107" len="3" off="297">the</desc>
    <desc id="109" len="4" off="301">week</desc>
    <desc id="111" len="5" off="306">ended</desc>
    <desc id="113" len="7" off="312">Tuesday</desc>
    <desc id="115" len="1" off="319">.</desc>
    <desc id="118" len="8" off="322">Compound</desc>
    <desc id="120" len="6" off="331">yields</desc>
    <desc id="122" len="6" off="338">assume</desc>
    <desc id="124" len="12" off="345">reinvestment</desc>
    <desc id="126" len="2" off="358">of</desc>
    <desc id="128" len="9" off="361">dividends</desc>
    <desc id="130" len="3" off="371">and</desc>
    <desc id="132" len="4" off="375">that</desc>
    <desc id="134" len="3" off="380">the</desc>
    <desc id="136" len="7" off="384">current</desc>
    <desc id="138" len="5" off="392">yield</desc>
    <desc id="140" len="9" off="398">continues</desc>
    <desc id="142" len="3" off="408">for</desc>
    <desc id="144" len="1" off="412">a</desc>
    <desc id="146" len="4" off="414">year</desc>
    <desc id="148" len="1" off="418">.</desc>
    <desc id="151" len="7" off="421">Average</desc>
    <desc id="153" len="8" off="429">maturity</desc>
    <desc id="155" len="2" off="438">of</desc>
    <desc id="157" len="3" off="441">the</desc>
    <desc id="159" len="5" off="445">funds</desc>
    <desc id="161" len="1" off="450">'</desc>
    <desc id="163" len="11" off="452">investments</desc>
    <desc id="165" len="10" off="464">lengthened</desc>
    <desc id="167" len="2" off="475">by</desc>
    <desc id="169" len="1" off="478">a</desc>
    <desc id="171" len="3" off="480">day</desc>
    <desc id="173" len="2" off="484">to</desc>
    <desc id="175" len="2" off="487">41</desc>
    <desc id="177" len="4" off="490">days</desc>
    <desc id="179" len="1" off="494">,</desc>
    <desc id="181" len="3" off="496">the</desc>
    <desc id="183" len="7" off="500">longest</desc>
    <desc id="185" len="5" off="508">since</desc>
    <desc id="187" len="5" off="514">early</desc>
    <desc id="189" len="6" off="520">August</desc>
    <desc id="191" len="1" off="526">,</desc>
    <desc id="193" len="9" off="528">according</desc>
    <desc id="195" len="2" off="538">to</desc>
    <desc id="197" len="8" off="541">Donoghue</desc>
    <desc id="199" len="2" off="549">'s</desc>
    <desc id="201" len="1" off="551">.</desc>
    <desc id="204" len="6" off="554">Longer</desc>
    <desc id="206" len="10" off="561">maturities</desc>
    <desc id="208" len="3" off="572">are</desc>
    <desc id="210" len="7" off="576">thought</desc>
    <desc id="212" len="2" off="584">to</desc>
    <desc id="214" len="8" off="587">indicate</desc>
    <desc id="216" len="9" off="596">declining</desc>
    <desc id="218" len="8" off="606">interest</desc>
    <desc id="220" len="5" off="615">rates</desc>
    <desc id="222" len="7" off="621">because</desc>
    <desc id="224" len="4" off="629">they</desc>
    <desc id="226" len="6" off="634">permit</desc>
    <desc id="228" len="9" off="641">portfolio</desc>
    <desc id="230" len="8" off="651">managers</desc>
    <desc id="232" len="2" off="660">to</desc>
    <desc id="234" len="6" off="663">retain</desc>
    <desc id="236" len="10" off="670">relatively</desc>
    <desc id="238" len="6" off="681">higher</desc>
    <desc id="240" len="5" off="688">rates</desc>
    <desc id="242" len="3" off="694">for</desc>
    <desc id="244" len="1" off="698">a</desc>
    <desc id="246" len="6" off="700">longer</desc>
    <desc id="248" len="6" off="707">period</desc>
    <desc id="250" len="1" off="713">.</desc>
    <desc id="253" len="7" off="716">Shorter</desc>
    <desc id="255" len="10" off="724">maturities</desc>
    <desc id="257" len="3" off="735">are</desc>
    <desc id="259" len="10" off="739">considered</desc>
    <desc id="261" len="1" off="750">a</desc>
    <desc id="263" len="4" off="752">sign</desc>
    <desc id="265" len="2" off="757">of</desc>
    <desc id="267" len="6" off="760">rising</desc>
    <desc id="269" len="5" off="767">rates</desc>
    <desc id="271" len="7" off="773">because</desc>
    <desc id="273" len="9" off="781">portfolio</desc>
    <desc id="275" len="8" off="791">managers</desc>
    <desc id="277" len="3" off="800">can</desc>
    <desc id="279" len="7" off="804">capture</desc>
    <desc id="281" len="6" off="812">higher</desc>
    <desc id="283" len="5" off="819">rates</desc>
    <desc id="285" len="6" off="825">sooner</desc>
    <desc id="287" len="1" off="831">.</desc>
    <desc id="290" len="3" off="834">The</desc>
    <desc id="292" len="7" off="838">average</desc>
    <desc id="294" len="8" off="846">maturity</desc>
    <desc id="296" len="3" off="855">for</desc>
    <desc id="298" len="5" off="859">funds</desc>
    <desc id="300" len="4" off="865">open</desc>
    <desc id="302" len="4" off="870">only</desc>
    <desc id="304" len="2" off="875">to</desc>
    <desc id="306" len="12" off="878">institutions</desc>
    <desc id="308" len="1" off="890">,</desc>
    <desc id="310" len="10" off="892">considered</desc>
    <desc id="312" len="2" off="903">by</desc>
    <desc id="314" len="4" off="906">some</desc>
    <desc id="316" len="2" off="911">to</desc>
    <desc id="318" len="2" off="914">be</desc>
    <desc id="320" len="1" off="917">a</desc>
    <desc id="322" len="8" off="919">stronger</desc>
    <desc id="324" len="9" off="928">indicator</desc>
    <desc id="326" len="7" off="938">because</desc>
    <desc id="328" len="5" off="946">those</desc>
    <desc id="330" len="8" off="952">managers</desc>
    <desc id="332" len="5" off="961">watch</desc>
    <desc id="334" len="3" off="967">the</desc>
    <desc id="336" len="6" off="971">market</desc>
    <desc id="338" len="7" off="978">closely</desc>
    <desc id="340" len="1" off="985">,</desc>
    <desc id="342" len="7" off="987">reached</desc>
    <desc id="344" len="1" off="995">a</desc>
    <desc id="346" len="4" off="997">high</desc>
    <desc id="348" len="5" off="1002">point</desc>
    <desc id="350" len="3" off="1008">for</desc>
    <desc id="352" len="3" off="1012">the</desc>
    <desc id="354" len="4" off="1016">year</desc>
    <desc id="356" len="2" off="1021">--</desc>
    <desc id="358" len="2" off="1024">33</desc>
    <desc id="360" len="4" off="1027">days</desc>
    <desc id="362" len="1" off="1031">.</desc>
    <desc id="365" len="12" off="1034">Nevertheless</desc>
    <desc id="367" len="1" off="1046">,</desc>
    <desc id="369" len="4" off="1048">said</desc>
    <desc id="371" len="6" off="1053">Brenda</desc>
    <desc id="373" len="7" off="1060">Malizia</desc>
    <desc id="375" len="5" off="1068">Negus</desc>
    <desc id="377" len="1" off="1073">,</desc>
    <desc id="379" len="6" off="1075">editor</desc>
    <desc id="381" len="2" off="1082">of</desc>
    <desc id="383" len="5" off="1085">Money</desc>
    <desc id="385" len="4" off="1091">Fund</desc>
    <desc id="387" len="6" off="1096">Report</desc>
    <desc id="389" len="1" off="1102">,</desc>
    <desc id="391" len="6" off="1104">yields</desc>
    <desc id="393" len="2" off="1111">``</desc>
    <desc id="395" len="3" off="1114">may</desc>
    <desc id="397" len="4" off="1118">blip</desc>
    <desc id="399" len="2" off="1123">up</desc>
    <desc id="401" len="5" off="1126">again</desc>
    <desc id="403" len="6" off="1132">before</desc>
    <desc id="405" len="4" off="1139">they</desc>
    <desc id="407" len="4" off="1144">blip</desc>
    <desc id="409" len="4" off="1149">down</desc>
    <desc id="411" len="2" off="1154">''</desc>
    <desc id="413" len="7" off="1157">because</desc>
    <desc id="415" len="2" off="1165">of</desc>
    <desc id="417" len="6" off="1168">recent</desc>
    <desc id="419" len="5" off="1175">rises</desc>
    <desc id="421" len="2" off="1181">in</desc>
    <desc id="423" len="10" off="1184">short-term</desc>
    <desc id="425" len="8" off="1195">interest</desc>
    <desc id="427" len="5" off="1204">rates</desc>
    <desc id="429" len="1" off="1209">.</desc>
    <desc id="432" len="3" off="1212">The</desc>
    <desc id="434" len="5" off="1216">yield</desc>
    <desc id="436" len="2" off="1222">on</desc>
    <desc id="438" len="9" off="1225">six-month</desc>
    <desc id="440" len="8" off="1235">Treasury</desc>
    <desc id="442" len="5" off="1244">bills</desc>
    <desc id="444" len="4" off="1250">sold</desc>
    <desc id="446" len="2" off="1255">at</desc>
    <desc id="448" len="6" off="1258">Monday</desc>
    <desc id="450" len="2" off="1264">'s</desc>
    <desc id="452" len="7" off="1267">auction</desc>
    <desc id="454" len="1" off="1274">,</desc>
    <desc id="456" len="3" off="1276">for</desc>
    <desc id="458" len="7" off="1280">example</desc>
    <desc id="460" len="1" off="1287">,</desc>
    <desc id="462" len="4" off="1289">rose</desc>
    <desc id="464" len="2" off="1294">to</desc>
    <desc id="466" len="4" off="1297">8.04</desc>
    <desc id="468" len="1" off="1302">%</desc>
    <desc id="470" len="4" off="1304">from</desc>
    <desc id="472" len="4" off="1309">7.90</desc>
    <desc id="474" len="1" off="1314">%</desc>
    <desc id="476" len="1" off="1315">.</desc>
    <desc id="479" len="7" off="1318">Despite</desc>
    <desc id="481" len="6" off="1326">recent</desc>
    <desc id="483" len="8" off="1333">declines</desc>
    <desc id="485" len="2" off="1342">in</desc>
    <desc id="487" len="6" off="1345">yields</desc>
    <desc id="489" len="1" off="1351">,</desc>
    <desc id="491" len="9" off="1353">investors</desc>
    <desc id="493" len="8" off="1363">continue</desc>
    <desc id="495" len="2" off="1372">to</desc>
    <desc id="497" len="4" off="1375">pour</desc>
    <desc id="499" len="4" off="1380">cash</desc>
    <desc id="501" len="4" off="1385">into</desc>
    <desc id="503" len="5" off="1390">money</desc>
    <desc id="505" len="5" off="1396">funds</desc>
    <desc id="507" len="1" off="1401">.</desc>
    <desc id="510" len="6" off="1404">Assets</desc>
    <desc id="512" len="2" off="1411">of</desc>
    <desc id="514" len="3" off="1414">the</desc>
    <desc id="516" len="3" off="1418">400</desc>
    <desc id="518" len="7" off="1422">taxable</desc>
    <desc id="520" len="5" off="1430">funds</desc>
    <desc id="522" len="4" off="1436">grew</desc>
    <desc id="524" len="2" off="1441">by</desc>
    <desc id="526" len="1" off="1444">$</desc>
    <desc id="528" len="3" off="1445">1.5</desc>
    <desc id="530" len="7" off="1449">billion</desc>
    <desc id="532" len="6" off="1457">during</desc>
    <desc id="534" len="3" off="1464">the</desc>
    <desc id="536" len="6" off="1468">latest</desc>
    <desc id="538" len="4" off="1475">week</desc>
    <desc id="540" len="1" off="1479">,</desc>
    <desc id="542" len="2" off="1481">to</desc>
    <desc id="544" len="1" off="1484">$</desc>
    <desc id="546" len="5" off="1485">352.7</desc>
    <desc id="548" len="7" off="1491">billion</desc>
    <desc id="550" len="1" off="1498">.</desc>
    <desc id="553" len="9" off="1501">Typically</desc>
    <desc id="555" len="1" off="1510">,</desc>
    <desc id="557" len="10" off="1512">money-fund</desc>
    <desc id="559" len="6" off="1523">yields</desc>
    <desc id="561" len="4" off="1530">beat</desc>
    <desc id="563" len="10" off="1535">comparable</desc>
    <desc id="565" len="10" off="1546">short-term</desc>
    <desc id="567" len="11" off="1557">investments</desc>
    <desc id="569" len="7" off="1569">because</desc>
    <desc id="571" len="9" off="1577">portfolio</desc>
    <desc id="573" len="8" off="1587">managers</desc>
    <desc id="575" len="3" off="1596">can</desc>
    <desc id="577" len="4" off="1600">vary</desc>
    <desc id="579" len="10" off="1605">maturities</desc>
    <desc id="581" len="3" off="1616">and</desc>
    <desc id="583" len="2" off="1620">go</desc>
    <desc id="585" len="5" off="1623">after</desc>
    <desc id="587" len="3" off="1629">the</desc>
    <desc id="589" len="7" off="1633">highest</desc>
    <desc id="591" len="5" off="1641">rates</desc>
    <desc id="593" len="1" off="1646">.</desc>
    <desc id="596" len="3" off="1648">The</desc>
    <desc id="598" len="3" off="1652">top</desc>
    <desc id="600" len="5" off="1656">money</desc>
    <desc id="602" len="5" off="1662">funds</desc>
    <desc id="604" len="3" off="1668">are</desc>
    <desc id="606" len="9" off="1672">currently</desc>
    <desc id="608" len="8" off="1682">yielding</desc>
    <desc id="610" len="4" off="1691">well</desc>
    <desc id="612" len="4" off="1696">over</desc>
    <desc id="614" len="1" off="1701">9</desc>
    <desc id="616" len="1" off="1703">%</desc>
    <desc id="618" len="1" off="1704">.</desc>
    <desc id="621" len="7" off="1707">Dreyfus</desc>
    <desc id="623" len="10" off="1715">World-Wide</desc>
    <desc id="625" len="6" off="1726">Dollar</desc>
    <desc id="627" len="1" off="1732">,</desc>
    <desc id="629" len="3" off="1734">the</desc>
    <desc id="631" len="12" off="1738">top-yielding</desc>
    <desc id="633" len="4" off="1751">fund</desc>
    <desc id="635" len="1" off="1755">,</desc>
    <desc id="637" len="3" off="1757">had</desc>
    <desc id="639" len="1" off="1761">a</desc>
    <desc id="641" len="9" off="1763">seven-day</desc>
    <desc id="643" len="8" off="1773">compound</desc>
    <desc id="645" len="5" off="1782">yield</desc>
    <desc id="647" len="2" off="1788">of</desc>
    <desc id="649" len="4" off="1791">9.37</desc>
    <desc id="651" len="1" off="1796">%</desc>
    <desc id="653" len="6" off="1798">during</desc>
    <desc id="655" len="3" off="1805">the</desc>
    <desc id="657" len="6" off="1809">latest</desc>
    <desc id="659" len="4" off="1816">week</desc>
    <desc id="661" len="1" off="1820">,</desc>
    <desc id="663" len="4" off="1822">down</desc>
    <desc id="665" len="4" off="1827">from</desc>
    <desc id="667" len="4" off="1832">9.45</desc>
    <desc id="669" len="1" off="1837">%</desc>
    <desc id="671" len="1" off="1839">a</desc>
    <desc id="673" len="4" off="1841">week</desc>
    <desc id="675" len="7" off="1846">earlier</desc>
    <desc id="677" len="1" off="1853">.</desc>
    <desc id="680" len="2" off="1856">It</desc>
    <desc id="682" len="7" off="1859">invests</desc>
    <desc id="684" len="7" off="1867">heavily</desc>
    <desc id="686" len="2" off="1875">in</desc>
    <desc id="688" len="18" off="1878">dollar-denominated</desc>
    <desc id="690" len="10" off="1897">securities</desc>
    <desc id="692" len="8" off="1908">overseas</desc>
    <desc id="694" len="3" off="1917">and</desc>
    <desc id="696" len="2" off="1921">is</desc>
    <desc id="698" len="9" off="1924">currently</desc>
    <desc id="700" len="7" off="1934">waiving</desc>
    <desc id="702" len="10" off="1942">management</desc>
    <desc id="704" len="4" off="1953">fees</desc>
    <desc id="706" len="1" off="1957">,</desc>
    <desc id="708" len="5" off="1959">which</desc>
    <desc id="710" len="6" off="1965">boosts</desc>
    <desc id="712" len="3" off="1972">its</desc>
    <desc id="714" len="5" off="1976">yield</desc>
    <desc id="716" len="1" off="1981">.</desc>
    <desc id="719" len="3" off="1984">The</desc>
    <desc id="721" len="7" off="1988">average</desc>
    <desc id="723" len="9" off="1996">seven-day</desc>
    <desc id="725" len="6" off="2006">simple</desc>
    <desc id="727" len="5" off="2013">yield</desc>
    <desc id="729" len="2" off="2019">of</desc>
    <desc id="731" len="3" off="2022">the</desc>
    <desc id="733" len="3" off="2026">400</desc>
    <desc id="735" len="5" off="2030">funds</desc>
    <desc id="737" len="3" off="2036">was</desc>
    <desc id="739" len="4" off="2040">8.12</desc>
    <desc id="741" len="1" off="2045">%</desc>
    <desc id="743" len="1" off="2046">,</desc>
    <desc id="745" len="4" off="2048">down</desc>
    <desc id="747" len="4" off="2053">from</desc>
    <desc id="749" len="4" off="2058">8.14</desc>
    <desc id="751" len="1" off="2063">%</desc>
    <desc id="753" len="1" off="2064">.</desc>
    <desc id="756" len="3" off="2067">The</desc>
    <desc id="758" len="6" off="2071">30-day</desc>
    <desc id="760" len="6" off="2078">simple</desc>
    <desc id="762" len="5" off="2085">yield</desc>
    <desc id="764" len="4" off="2091">fell</desc>
    <desc id="766" len="2" off="2096">to</desc>
    <desc id="768" len="2" off="2099">an</desc>
    <desc id="770" len="7" off="2102">average</desc>
    <desc id="772" len="4" off="2110">8.19</desc>
    <desc id="774" len="1" off="2115">%</desc>
    <desc id="776" len="4" off="2117">from</desc>
    <desc id="778" len="4" off="2122">8.22</desc>
    <desc id="780" len="1" off="2127">%</desc>
    <desc id="782" len="1" off="2128">;</desc>
    <desc id="784" len="3" off="2130">the</desc>
    <desc id="786" len="6" off="2134">30-day</desc>
    <desc id="788" len="8" off="2141">compound</desc>
    <desc id="790" len="5" off="2150">yield</desc>
    <desc id="792" len="4" off="2156">slid</desc>
    <desc id="794" len="2" off="2161">to</desc>
    <desc id="796" len="2" off="2164">an</desc>
    <desc id="798" len="7" off="2167">average</desc>
    <desc id="800" len="4" off="2175">8.53</desc>
    <desc id="802" len="1" off="2180">%</desc>
    <desc id="804" len="4" off="2182">from</desc>
    <desc id="806" len="4" off="2187">8.56</desc>
    <desc id="808" len="1" off="2192">%</desc>
    <desc id="810" len="1" off="2193">.</desc>
  </rep>
  <rep id="edu.mit.discourse.rep.refexp">
    <desc id="1435" len="6" off="0">2</desc>
    <desc id="1436" len="25" off="10">6~8~10</desc>
    <desc id="1437" len="5" off="61">22</desc>
    <desc id="1438" len="18" off="72">26~28</desc>
    <desc id="1439" len="34" off="98">32~34~36~38~40</desc>
    <desc id="1440" len="14" off="118">38~40</desc>
    <desc id="1441" len="61" off="135">45~47~49~51~53~55~57~59~61~63</desc>
    <desc id="1442" len="21" off="175">57~59~61~63</desc>
    <desc id="1443" len="3" off="208">69</desc>
    <desc id="1444" len="23" off="208">69~71~73~75~77</desc>
    <desc id="1445" len="32" off="238">81~83~85~87~89~91</desc>
    <desc id="1446" len="6" off="274">95~97</desc>
    <desc id="1447" len="6" off="286">101~103</desc>
    <desc id="1448" len="22" off="297">107~109~111~113</desc>
    <desc id="1449" len="15" off="322">118~120</desc>
    <desc id="1450" len="25" off="345">124~126~128</desc>
    <desc id="1451" len="17" off="380">134~136~138</desc>
    <desc id="1452" len="6" off="412">144~146</desc>
    <desc id="1453" len="42" off="421">151~153~155~157~159~161~163</desc>
    <desc id="1454" len="22" off="441">157~159~161~163</desc>
    <desc id="1455" len="5" off="445">159</desc>
    <desc id="1456" len="5" off="478">169~171</desc>
    <desc id="1457" len="7" off="487">175~177</desc>
    <desc id="1458" len="12" off="514">187~189</desc>
    <desc id="1459" len="10" off="541">197~199</desc>
    <desc id="1460" len="17" off="554">204~206</desc>
    <desc id="1461" len="24" off="596">216~218~220</desc>
    <desc id="1462" len="4" off="629">224</desc>
    <desc id="1463" len="18" off="641">228~230</desc>
    <desc id="1464" len="23" off="670">236~238~240</desc>
    <desc id="1465" len="15" off="698">244~246~248</desc>
    <desc id="1466" len="18" off="716">253~255</desc>
    <desc id="1467" len="22" off="750">261~263~265~267~269</desc>
    <desc id="1468" len="12" off="760">267~269</desc>
    <desc id="1469" len="18" off="781">273~275</desc>
    <desc id="1470" len="12" off="812">281~283</desc>
    <desc id="1471" len="56" off="834">290~292~294~296~298~300~302~304~306</desc>
    <desc id="1472" len="31" off="859">298~300~302~304~306</desc>
    <desc id="1473" len="12" off="878">306</desc>
    <desc id="1474" len="4" off="906">314</desc>
    <desc id="1475" len="20" off="917">320~322~324</desc>
    <desc id="1476" len="14" off="946">328~330</desc>
    <desc id="1477" len="10" off="967">334~336</desc>
    <desc id="1478" len="36" off="995">344~346~348~350~352~354~356~358~360</desc>
    <desc id="1479" len="8" off="1012">352~354</desc>
    <desc id="1480" len="49" off="1053">371~373~375~377~379~381~383~385~387</desc>
    <desc id="1481" len="17" off="1085">383~385~387</desc>
    <desc id="1482" len="6" off="1104">391</desc>
    <desc id="1483" len="4" off="1139">405</desc>
    <desc id="1484" len="12" off="1168">417~419</desc>
    <desc id="1485" len="25" off="1184">423~425~427</desc>
    <desc id="1486" len="37" off="1212">432~434~436~438~440~442</desc>
    <desc id="1487" len="24" off="1225">438~440~442</desc>
    <desc id="1488" len="16" off="1258">448~450~452</desc>
    <desc id="1489" len="6" off="1297">466~468</desc>
    <desc id="1490" len="6" off="1309">472~474</desc>
    <desc id="1491" len="25" off="1326">481~483~485~487</desc>
    <desc id="1492" len="9" off="1353">491</desc>
    <desc id="1493" len="4" off="1380">499</desc>
    <desc id="1494" len="11" off="1390">503~505</desc>
    <desc id="1495" len="31" off="1404">510~512~514~516~518~520</desc>
    <desc id="1496" len="21" off="1414">514~516~518~520</desc>
    <desc id="1497" len="12" off="1444">526~528~530</desc>
    <desc id="1498" len="15" off="1464">534~536~538</desc>
    <desc id="1499" len="14" off="1484">544~546~548</desc>
    <desc id="1500" len="17" off="1512">557~559</desc>
    <desc id="1501" len="33" off="1535">563~565~567</desc>
    <desc id="1502" len="18" off="1577">571~573</desc>
    <desc id="1503" len="10" off="1605">579</desc>
    <desc id="1504" len="17" off="1629">587~589~591</desc>
    <desc id="1505" len="19" off="1648">596~598~600~602</desc>
    <desc id="1506" len="3" off="1701">614~616</desc>
    <desc id="1507" len="48" off="1707">621~623~625~627~629~631~633</desc>
    <desc id="1508" len="36" off="1761">639~641~643~645~647~649~651</desc>
    <desc id="1509" len="6" off="1791">649~651</desc>
    <desc id="1510" len="15" off="1805">655~657~659</desc>
    <desc id="1511" len="6" off="1832">667~669</desc>
    <desc id="1512" len="14" off="1839">671~673~675</desc>
    <desc id="1513" len="2" off="1856">680</desc>
    <desc id="1514" len="38" off="1878">688~690~692</desc>
    <desc id="1515" len="15" off="1942">702~704</desc>
    <desc id="1516" len="5" off="1959">708</desc>
    <desc id="1517" len="3" off="1972">712</desc>
    <desc id="1518" len="9" off="1972">712~714</desc>
    <desc id="1519" len="51" off="1984">719~721~723~725~727~729~731~733~735</desc>
    <desc id="1520" len="13" off="2022">731~733~735</desc>
    <desc id="1521" len="6" off="2040">739~741</desc>
    <desc id="1522" len="6" off="2058">749~751</desc>
    <desc id="1523" len="23" off="2067">756~758~760~762</desc>
    <desc id="1524" len="17" off="2099">768~770~772~774</desc>
    <desc id="1525" len="6" off="2122">778~780</desc>
    <desc id="1526" len="25" off="2130">784~786~788~790</desc>
    <desc id="1527" len="17" off="2164">796~798~800~802</desc>
    <desc id="1528" len="6" off="2187">806~808</desc>
  </rep>
  <rep id="edu.mit.discourse.rep.coref">
    <desc id="1529" len="1143" off="0">Yields|1435,1482,1483</desc>
    <desc id="1530" len="440" off="10">money-market mutual funds|1436,1455</desc>
    <desc id="1531" len="5" off="61">signs|1437</desc>
    <desc id="1532" len="1523" off="72">portfolio managers|1438,1463,1469,1502</desc>
    <desc id="1533" len="34" off="98">further declines in interest rates|1439</desc>
    <desc id="1534" len="14" off="118">interest rates|1440</desc>
    <desc id="1535" len="61" off="135">The average seven-day compound yield of the 400 taxable funds|1441</desc>
    <desc id="1536" len="1860" off="175">the 400 taxable funds|1442,1496,1520</desc>
    <desc id="1537" len="3" off="208">IBC|1443</desc>
    <desc id="1538" len="894" off="208">IBC's Money Fund Report|1444,1481</desc>
    <desc id="1539" len="32" off="238">a fraction of a percentage point|1445</desc>
    <desc id="1540" len="6" off="274">8.45 %|1446</desc>
    <desc id="1541" len="6" off="286">8.47 %|1447</desc>
    <desc id="1542" len="22" off="297">the week ended Tuesday|1448</desc>
    <desc id="1543" len="15" off="322">Compound yields|1449</desc>
    <desc id="1544" len="25" off="345">reinvestment of dividends|1450</desc>
    <desc id="1545" len="17" off="380">the current yield|1451</desc>
    <desc id="1546" len="6" off="412">a year|1452</desc>
    <desc id="1547" len="42" off="421">Average maturity of the funds' investments|1453</desc>
    <desc id="1548" len="22" off="441">the funds' investments|1454</desc>
    <desc id="1549" len="5" off="478">a day|1456</desc>
    <desc id="1550" len="7" off="487">41 days|1457</desc>
    <desc id="1551" len="12" off="514">early August|1458</desc>
    <desc id="1552" len="10" off="541">Donoghue's|1459</desc>
    <desc id="1553" len="79" off="554">Longer maturities|1460,1462</desc>
    <desc id="1554" len="24" off="596">declining interest rates|1461</desc>
    <desc id="1555" len="23" off="670">relatively higher rates|1464</desc>
    <desc id="1556" len="15" off="698">a longer period|1465</desc>
    <desc id="1557" len="18" off="716">Shorter maturities|1466</desc>
    <desc id="1558" len="22" off="750">a sign of rising rates|1467</desc>
    <desc id="1559" len="12" off="760">rising rates|1468</desc>
    <desc id="1560" len="12" off="812">higher rates|1470</desc>
    <desc id="1561" len="56" off="834">The average maturity for funds open only to institutions|1471</desc>
    <desc id="1562" len="31" off="859">funds open only to institutions|1472</desc>
    <desc id="1563" len="12" off="878">institutions|1473</desc>
    <desc id="1564" len="4" off="906">some|1474</desc>
    <desc id="1565" len="20" off="917">a stronger indicator|1475</desc>
    <desc id="1566" len="14" off="946">those managers|1476</desc>
    <desc id="1567" len="10" off="967">the market|1477</desc>
    <desc id="1568" len="36" off="995">a high point|1478</desc>
    <desc id="1569" len="8" off="1012">the year|1479</desc>
    <desc id="1570" len="49" off="1053">Brenda Malizia Negus, editor of Money Fund Report|1480</desc>
    <desc id="1571" len="12" off="1168">recent rises|1484</desc>
    <desc id="1572" len="25" off="1184">short-term interest rates|1485</desc>
    <desc id="1573" len="37" off="1212">The yield on six-month Treasury bills|1486</desc>
    <desc id="1574" len="24" off="1225">six-month Treasury bills|1487</desc>
    <desc id="1575" len="16" off="1258">Monday's auction|1488</desc>
    <desc id="1576" len="6" off="1297">8.04 %|1489</desc>
    <desc id="1577" len="6" off="1309">7.90 %|1490</desc>
    <desc id="1578" len="25" off="1326">recent declines in yields|1491</desc>
    <desc id="1579" len="9" off="1353">investors|1492</desc>
    <desc id="1580" len="4" off="1380">cash|1493</desc>
    <desc id="1581" len="11" off="1390">money funds|1494</desc>
    <desc id="1582" len="31" off="1404">Assets of the 400 taxable funds|1495</desc>
    <desc id="1583" len="12" off="1444">$1.5 billion|1497</desc>
    <desc id="1584" len="15" off="1464">the latest week|1498</desc>
    <desc id="1585" len="14" off="1484">$352.7 billion|1499</desc>
    <desc id="1586" len="17" off="1512">money-fund yields|1500</desc>
    <desc id="1587" len="33" off="1535">comparable short-term investments|1501</desc>
    <desc id="1588" len="10" off="1605">maturities|1503</desc>
    <desc id="1589" len="17" off="1629">the highest rates|1504</desc>
    <desc id="1590" len="19" off="1648">The top money funds|1505</desc>
    <desc id="1591" len="3" off="1701">9 %|1506</desc>
    <desc id="1592" len="268" off="1707">Dreyfus World-Wide Dollar|1507,1513,1517</desc>
    <desc id="1593" len="36" off="1761">a seven-day compound yield of 9.37 %|1508</desc>
    <desc id="1594" len="6" off="1791">9.37 %|1509</desc>
    <desc id="1595" len="15" off="1805">the latest week|1510</desc>
    <desc id="1596" len="6" off="1832">9.45 %|1511</desc>
    <desc id="1597" len="14" off="1839">a week earlier|1512</desc>
    <desc id="1598" len="38" off="1878">dollar-denominated securities overseas|1514</desc>
    <desc id="1599" len="22" off="1942">management fees|1515,1516</desc>
    <desc id="1600" len="9" off="1972">its yield|1518</desc>
    <desc id="1601" len="51" off="1984">The average seven-day simple yield of the 400 funds|1519</desc>
    <desc id="1602" len="6" off="2040">8.12 %|1521</desc>
    <desc id="1603" len="6" off="2058">8.14 %|1522</desc>
    <desc id="1604" len="23" off="2067">The 30-day simple yield|1523</desc>
    <desc id="1605" len="17" off="2099">an average 8.19 %|1524</desc>
    <desc id="1606" len="6" off="2122">8.22 %|1525</desc>
    <desc id="1607" len="25" off="2130">the 30-day compound yield|1526</desc>
    <desc id="1608" len="17" off="2164">an average 8.53 %|1527</desc>
    <desc id="1609" len="6" off="2187">8.56 %|1528</desc>
  </rep>
  <rep id="es.ucm.nil.indication.rep.indication">
    <desc id="1610" len="6" off="0">1435|NUC:DIST:2</desc>
    <desc id="1611" len="25" off="10">1436|MOD:DIST:6|MOD:DIST:8|NUC:DIST:10</desc>
    <desc id="1612" len="5" off="61">1437|NUC:DIST:22</desc>
    <desc id="1613" len="18" off="72">1438|MOD:DIST:26|NUC:DIST:28</desc>
    <desc id="1614" len="34" off="98">1439|MOD:DESC:32|NUC:DIST:34|MOD:DIST:36~38~40</desc>
    <desc id="1615" len="14" off="118">1440|MOD:DIST:38|NUC:DIST:40</desc>
    <desc id="1616" len="61" off="135">1441|MOD:DIST:45|MOD:DIST:47|MOD:DIST:49|MOD:DIST:51|NUC:DIST:53|MOD:DIST:55~57~59~61~63</desc>
    <desc id="1617" len="21" off="175">1442|MOD:DIST:57|MOD:DIST:59|MOD:DIST:61|NUC:DIST:63</desc>
    <desc id="1618" len="3" off="208">1443|NUC:DIST:69</desc>
    <desc id="1619" len="23" off="208">1444|MOD:DIST:69~71|NUC:DIST:73~75~77</desc>
    <desc id="1620" len="32" off="238">1445|MOD:DIST:81|NUC:DIST:83|MOD:DIST:85~87~89~91</desc>
    <desc id="1621" len="6" off="274">1446|NUC:DIST:95~97</desc>
    <desc id="1622" len="6" off="286">1447|NUC:DIST:101~103</desc>
    <desc id="1623" len="22" off="297">1448|MOD:DIST:107|NUC:DIST:109|MOD:DIST:111~113</desc>
    <desc id="1624" len="15" off="322">1449|MOD:DIST:118|NUC:DIST:120</desc>
    <desc id="1625" len="25" off="345">1450|NUC:DIST:124|MOD:DIST:126~128</desc>
    <desc id="1626" len="17" off="380">1451|MOD:DIST:134|MOD:DIST:136|NUC:DIST:138</desc>
    <desc id="1627" len="6" off="412">1452|MOD:DIST:144|NUC:DIST:146</desc>
    <desc id="1628" len="42" off="421">1453|MOD:DIST:151|NUC:DIST:153|MOD:DIST:155~157~159~161~163</desc>
    <desc id="1629" len="22" off="441">1454|MOD:DIST:157|MOD:DIST:159~161|NUC:DIST:163</desc>
    <desc id="1630" len="5" off="445">1455|NUC:DIST:159</desc>
    <desc id="1631" len="5" off="478">1456|MOD:DIST:169|NUC:DIST:171</desc>
    <desc id="1632" len="7" off="487">1457|MOD:DIST:175|NUC:DIST:177</desc>
    <desc id="1633" len="12" off="514">1458|MOD:DIST:187|NUC:DIST:189</desc>
    <desc id="1634" len="10" off="541">1459|NUC:DIST:197~199</desc>
    <desc id="1635" len="17" off="554">1460|MOD:DIST:204|NUC:DIST:206</desc>
    <desc id="1636" len="24" off="596">1461|MOD:DIST:216|MOD:DIST:218|NUC:DIST:220</desc>
    <desc id="1637" len="4" off="629">1462|NUC:DIST:224</desc>
    <desc id="1638" len="18" off="641">1463|MOD:DIST:228|NUC:DIST:230</desc>
    <desc id="1639" len="23" off="670">1464|MOD:DESC:236~238|NUC:DIST:240</desc>
    <desc id="1640" len="15" off="698">1465|MOD:DIST:244|MOD:DIST:246|NUC:DIST:248</desc>
    <desc id="1641" len="18" off="716">1466|MOD:DIST:253|NUC:DIST:255</desc>
    <desc id="1642" len="22" off="750">1467|MOD:DIST:261|NUC:DIST:263|MOD:DIST:265~267~269</desc>
    <desc id="1643" len="12" off="760">1468|MOD:DIST:267|NUC:DIST:269</desc>
    <desc id="1644" len="18" off="781">1469|MOD:DIST:273|NUC:DIST:275</desc>
    <desc id="1645" len="12" off="812">1470|MOD:DIST:281|NUC:DIST:283</desc>
    <desc id="1646" len="56" off="834">1471|MOD:DIST:290|MOD:DIST:292|NUC:DIST:294|MOD:DIST:296~298~300~302~304~306</desc>
    <desc id="1647" len="31" off="859">1472|NUC:DIST:298|MOD:DIST:300~302~304~306</desc>
    <desc id="1648" len="12" off="878">1473|NUC:DIST:306</desc>
    <desc id="1649" len="4" off="906">1474|NUC:DIST:314</desc>
    <desc id="1650" len="20" off="917">1475|MOD:DIST:320|MOD:DIST:322|NUC:DIST:324</desc>
    <desc id="1651" len="14" off="946">1476|MOD:DIST:328|NUC:DIST:330</desc>
    <desc id="1652" len="10" off="967">1477|MOD:DIST:334|NUC:DIST:336</desc>
    <desc id="1653" len="36" off="995">1478|MOD:DIST:344|MOD:DIST:346|NUC:DIST:348|MOD:DIST:350~352~354|MOD:DESC:358~360</desc>
    <desc id="1654" len="8" off="1012">1479|MOD:DIST:352|NUC:DIST:354</desc>
    <desc id="1655" len="49" off="1053">1480|NUC:DIST:371~373~375|MOD:DESC:379~381~383~385~387</desc>
    <desc id="1656" len="17" off="1085">1481|NUC:DIST:383~385~387</desc>
    <desc id="1657" len="6" off="1104">1482|NUC:DIST:391</desc>
    <desc id="1658" len="4" off="1139">1483|NUC:DIST:405</desc>
    <desc id="1659" len="12" off="1168">1484|MOD:DESC:417|NUC:DIST:419</desc>
    <desc id="1660" len="25" off="1184">1485|MOD:DIST:423|MOD:DIST:425|NUC:DIST:427</desc>
    <desc id="1661" len="37" off="1212">1486|MOD:DIST:432|NUC:DIST:434|MOD:DIST:436~438~440~442</desc>
    <desc id="1662" len="24" off="1225">1487|MOD:DIST:438|MOD:DIST:440|NUC:DIST:442</desc>
    <desc id="1663" len="16" off="1258">1488|MOD:DIST:448~450|NUC:DIST:452</desc>
    <desc id="1664" len="6" off="1297">1489|NUC:DIST:466~468</desc>
    <desc id="1665" len="6" off="1309">1490|NUC:DIST:472~474</desc>
    <desc id="1666" len="25" off="1326">1491|MOD:DESC:481|NUC:DIST:483|MOD:DIST:485~487</desc>
    <desc id="1667" len="9" off="1353">1492|NUC:DIST:491</desc>
    <desc id="1668" len="4" off="1380">1493|NUC:DIST:499</desc>
    <desc id="1669" len="11" off="1390">1494|MOD:DIST:503|NUC:DIST:505</desc>
    <desc id="1670" len="31" off="1404">1495|NUC:DIST:510|MOD:DIST:512~514~516~518~520</desc>
    <desc id="1671" len="21" off="1414">1496|MOD:DIST:514|MOD:DIST:516|MOD:DESC:518|NUC:DIST:520</desc>
    <desc id="1672" len="12" off="1444">1497|NUC:DIST:526~528~530</desc>
    <desc id="1673" len="15" off="1464">1498|MOD:DIST:534|MOD:DIST:536|NUC:DIST:538</desc>
    <desc id="1674" len="14" off="1484">1499|NUC:DIST:544~546~548</desc>
    <desc id="1675" len="17" off="1512">1500|MOD:DIST:557|NUC:DIST:559</desc>
    <desc id="1676" len="33" off="1535">1501|MOD:DIST:563|MOD:DIST:565|NUC:DIST:567</desc>
    <desc id="1677" len="18" off="1577">1502|MOD:DIST:571|NUC:DIST:573</desc>
    <desc id="1678" len="10" off="1605">1503|NUC:DIST:579</desc>
    <desc id="1679" len="17" off="1629">1504|MOD:DIST:587|MOD:DIST:589|NUC:DIST:591</desc>
    <desc id="1680" len="19" off="1648">1505|MOD:DIST:596|MOD:DIST:598|MOD:DIST:600|NUC:DIST:602</desc>
    <desc id="1681" len="3" off="1701">1506|NUC:DIST:614~616</desc>
    <desc id="1682" len="48" off="1707">1507|NUC:DIST:621~623~625|MOD:DESC:629~631~633</desc>
    <desc id="1683" len="36" off="1761">1508|MOD:DIST:639|MOD:DIST:641|MOD:DIST:643|NUC:DIST:645|MOD:DIST:647~649~651</desc>
    <desc id="1684" len="6" off="1791">1509|NUC:DIST:649~651</desc>
    <desc id="1685" len="15" off="1805">1510|MOD:DIST:655|MOD:DIST:657|NUC:DIST:659</desc>
    <desc id="1686" len="6" off="1832">1511|NUC:DIST:667~669</desc>
    <desc id="1687" len="14" off="1839">1512|MOD:DIST:671|NUC:DIST:673|MOD:DIST:675</desc>
    <desc id="1688" len="2" off="1856">1513|NUC:DIST:680</desc>
    <desc id="1689" len="38" off="1878">1514|MOD:DIST:688|NUC:DIST:690|MOD:DIST:692</desc>
    <desc id="1690" len="15" off="1942">1515|MOD:DIST:702|NUC:DIST:704</desc>
    <desc id="1691" len="5" off="1959">1516|NUC:DIST:708</desc>
    <desc id="1692" len="3" off="1972">1517|NUC:DIST:712</desc>
    <desc id="1693" len="9" off="1972">1518|MOD:DIST:712|NUC:DIST:714</desc>
    <desc id="1694" len="51" off="1984">1519|MOD:DIST:719|MOD:DIST:721|MOD:DIST:723|MOD:DIST:725|NUC:DIST:727|MOD:DIST:729~731~733~735</desc>
    <desc id="1695" len="13" off="2022">1520|MOD:DIST:731|MOD:DIST:733|NUC:DIST:735</desc>
    <desc id="1696" len="6" off="2040">1521|NUC:DIST:739~741</desc>
    <desc id="1697" len="6" off="2058">1522|NUC:DIST:749~751</desc>
    <desc id="1698" len="23" off="2067">1523|MOD:DIST:756|MOD:DIST:758|MOD:DIST:760|NUC:DIST:762</desc>
    <desc id="1699" len="17" off="2099">1524|MOD:DIST:768~770|NUC:DIST:772~774</desc>
    <desc id="1700" len="6" off="2122">1525|NUC:DIST:778~780</desc>
    <desc id="1701" len="25" off="2130">1526|MOD:DIST:784|MOD:DIST:786|MOD:DIST:788|NUC:DIST:790</desc>
    <desc id="1702" len="17" off="2164">1527|MOD:DIST:796~798|NUC:DIST:800~802</desc>
    <desc id="1703" len="6" off="2187">1528|NUC:DIST:806~808</desc>
  </rep>
</story>
